In a recent message, the lead developer of SHIB, who goes under the pseudonym Shytoshi Kusama, stated that he has “a launch strategy” and that “he cannot change the date or plan” in response to several messages in the Telegram channel called “Shibarium Tech”.
Since many people keep asking Kusama “wen Shibarium”, users believe that his above-mentioned statements are about the much-expected launch of the Layer-2 network for SHIB.
Is SHIB going to Rome?
A day before that, Shytoshi intrigued the SHIB community with a cryptic tweet, which said that SHIB was “going somewhere”. In the Telegram channel, the community began making guesses but Kusama refuted them as wrong ones and stated that SHIB was going somewhere beyond the USA, without sharing any more details. However, from his replies on Telegram it seems that the “somewhere” SHIB is going is Rome. Details may emerge on social media later, so far there are none.
Nor has Kusama specified why SHIB needs to go anywhere but it might be related to the difficult regulatory situation regarding crypto in the US as the SEC has been hunting down crypto platforms recently and suing them on charges of violating the US securities laws. Recently, Binance and Coinbase have been sued by the regulatory agency.
As for the Shibarium and the “launch strategy”, the community has been expecting the Shibarium mainnet release since May. The beta version called Puppynet was unleashed on March 11 and since then it has been quickly reaching new milestones related to the number of transactions and the number of wallets linked to the network.
“Shibarium benefits for users”, per SHIB team member Lucie
Content marketing manager of Shiba Inu, known on crypto Twitter as @LucieSHIB, posted a tweet, in which she described in detail the benefits of implementing Shibarium for the SHIB network.
Lucie stated that the Layer-2 solution, Shibarium, will provide exciting opportunities for various projects who will want to build their dapps on it. Besides, the launch of Shibarium will have a substantial impact on the price of Bone ShibaSwap (BONE) token, which serves as gas means of payment on Shibarium.
#Shibarium, a Layer 2 solution, opens up exciting possibilities for projects, while also having a significant impact on $BONE, the gas fee token.— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) June 30, 2023
With #Shibarium, projects can achieve scalability breakthroughs by processing transactions off-chain. This reduces congestion on the… pic.twitter.com/erSbL2WXpp
As for Shibarium in particular, Lucie stressed, projects using it will be able to achieve high levels of scalability since their transactions will be processed off-chain. Therefore, it should “provide seamless user experience” and drive increased adoption to their projects and their tokens.
Lucie named cost-effectiveness as one of the major advantages of Shibarium, since it will help to greatly diminish gas fees necessary for executing smart contracts and using dapps. Low gas fees are expected to attract more users and developers to build smart contracts and decentralized applications, turning their projects into successful ecosystems. Another major benefit of Shibarium for users is its enhanced security feature, per Lucie.